Hess in the Media: E&P Magazine
Hess Corporation Logo
SEARCH

Hess in the Media: E&P Magazine

  • NorthDakota_MMorrison_0577_140521_Pumpjacks #0302_medium

In an interview with E&P Magazine’s Senior Editor Jennifer Presley, COO Greg Hill outlined how Hess Corporation is making its success repeatable through implementation of Lean manufacturing principles.

Examples of those successes include:

  • Zero nonproductive time (NPT) on an exploratory well offshore West Africa
  • 62% improvement in spud-to-spud drilling performance in the Bakken
  • 50% decrease in turnaround time in Equatorial Guinea
  • Zero safety incidents and a significant reduction in construction time at the Stampede project in the Gulf of Mexico


“Basically, it’s about building a culture of problem solvers or, as we call it, an army of problem solvers,” Hill said in the interview. “The role of the leader is actually to facilitate the problem-solving process with his team of workers because the best person who knows how to fix something is the person doing the work.”

Hill added that he hoped the industry would use the current downturn as a means to focus on inefficiencies that have been built into the business. “Lean is one way to address it,” Hill said. “It is the way Hess is doing it because it works extremely well.”

“Through Lean, Hess found a way to survive the lean times present during a market downturn,” Presley wrote. “The company’s willingness to endure a journey of cultural change should contribute to its future longevity.”

Click here to read the article.

Click here to download the pdf.

Latest Hess News
  • Hess Announces New Oil Discovery Offshore Guyana, Further Increasing Resource Potential

    Hess Corporation announced positive results from the Payara-1 well offshore Guyana, which is the second oil discovery on the Stabroek Block following the world-class Liza oil discovery in 2015.
    Full story
  • Hess in the Media: Upstream Highlights Stampede Topsides Installation

    Upstream reported on Nov. 18 that the Stampede Development had achieved a major milestone with the safe and successful installation of the topsides facility, while sticking to its target of delivering first oil in 2018.
    Full story
  • LHSFNA, LIUNA Extol Hess’ Safety Approach

    A recent article published by the Laborers’ Health & Safety Fund of North America highlights Hess’ commitment to safety even beyond industry standards.
    Full story